Form 4: Paylocity Holding Corp Director Steven I. Sarowitz Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Steven I. Sarowitz reports a disposition of 5,364 shares of Paylocity Holding Corp stock and indirect ownership of 20,000 shares via a trust.
Summary
- On June 10, 2024, Steven I. Sarowitz, a director of Paylocity Holding Corp, reported a change in beneficial ownership of the company's stock.
- Sarowitz disposed of 5,364 shares of common stock at a price of $0.
- Following the transaction, Sarowitz directly owns 9,537,012 shares of Paylocity Holding Corp.
- Sarowitz also indirectly owns 20,000 shares through the Jessica P. Sarowitz Declaration of Trust.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of the reported transaction (stock disposition). |
| 06/12/2024 | Date of signature for the report. |
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